Europe

Timetric survey says 48% of European and FSU miners will adopt autonomous vehicles by 2020

A survey by Timetric's Mining Intelligence Centre (MIC) has revealed that 48% of miners in Europe and Former Soviet Union (FSU) countries intend to use autonomous vehicles by 2020. The survey polled opinions of more than 100 mine managers...

Barclays stops funding mountain-top removal coal mining process

UK banking and financial services company Barclays, the largest financier of the mountain-top removal (MTR) in 2013, has announced it will no longer finance the controversial coal mining method. In a policy document released in March, the company said...

World’s largest copper producer Chile slashes 2015 output forecast

Chile, the world’s largest copper producer and exporter, will mine this year less of the red metal than previously anticipated, with estimations dropping from 6.0 million to 5.94 million tonnes, the state copper commission Cochilco said.   In its...

New project launched in Europe to design and build robotic underwater mining prototype

Damen Shipyards Group has launched a new 42-month research and development project to design and build a robotic underwater mining prototype, along with related launch and recovery equipment. Launched as part of the Horizon 2020 programme, the Viable Alternative...

Atlas Copco and Anglo American to trial new underground mining technology

Swedish mining equipment manufacturer Atlas Copco and UK-based mining firm Anglo American are preparing to test a new type of underground mining technology. The project team aims to develop a new mining technology that would transform the process of...

Rio Tinto announces $7.1bn tax bill for 2014

Mining major Rio Tinto has paid $7.1bn in taxes globally in 2014, despite weaker commodity prices. The company has prepared annual taxes paid report for the past five years, which it provided details of the taxes paid in the...

Audley Capital Advisors to acquire Talvivaara’s nickel mining operations in Finland

UK-based investment and capital advisory firm Audley Capital Advisors has signed an agreement to acquire Talvivaara's nickel mining operations in Sotkamo, eastern Finland from its Bankruptcy Estate. Finland, through its wholly owned company Terrafame, also signed an investment agreement...

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